Search Result:tontine
KK Pronunciation
〔 ˋtɑntin,tɑnˋtin 〕
Pronunciation
〔 tɒnˊtiːn,ˊtɒntiːn 〕
Overview of noun tontine
The noun tontine has 2 senses
- tontine, tontine insurance -- (a form of life insurance whereby on the death or default of a participant his share is distributed to the remaining members)
- tontine -- (an annuity scheme wherein participants share certain benefits and on the death of any participant his benefits are redistributed among the remaining participants; can run for a fixed period of time or until the death of all but one participant)